Jasmy - The Sad Effect Of Dilution
I love the Jasmy coin.
But the painful truth is that it has just been diluted again today by 200 Million.
Whilst the owners of Jasmy may have a long term plan, dilution sucks for day traders and short term traders.
Why?
Think of a piece of string. The more string that is released the longer and slacker it becomes.
Dilution drastically changes the behaviour of price movement . In turn this affects the time it takes to make a successful trade.
If you are trading long and are happy to wait months or years for the complete dilution process to take place, then I wish you well.
For the rest of us, who are waiting to make money on Jasmy in the short term, then I think we need to reconsider our options.
But the painful truth is that it has just been diluted again today by 200 Million.
Whilst the owners of Jasmy may have a long term plan, dilution sucks for day traders and short term traders.
Why?
Think of a piece of string. The more string that is released the longer and slacker it becomes.
Dilution drastically changes the behaviour of price movement . In turn this affects the time it takes to make a successful trade.
If you are trading long and are happy to wait months or years for the complete dilution process to take place, then I wish you well.
For the rest of us, who are waiting to make money on Jasmy in the short term, then I think we need to reconsider our options.
Feragatname
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